One Turn
North Korea denies Binance hack as outflows pass $3.6 billion
North Korea rejected US claims it stole about $6.3 billion from Binance. Kim Yo Jong called it a grave provocation. Binance users have withdrawn at least $3.6 billion since withdrawals resumed.
Why it matters
It is the largest crypto theft on record and tests trust in exchanges.
Background
The FBI blamed the Lazarus Group, which also hacked Bybit last year.
The story so far
- North Korea tests attack drones; Seoul vows response over DMZ blast
- Kim urges drone dominance as North Korea fires missiles
- Rubio says Trump ready to talk with Kim; Pyongyang rejects sanctions statement
- North Korea denies Binance hack as outflows pass $3.6 billion
Sources
- BBC News ↗Nov 2, 8:23 PM ET
- France 24 ↗Nov 2, 6:49 PM ET
- CNBC ↗Nov 2, 8:52 PM ET
This summary was written automatically from the reporting linked above; follow the sources for the full story. How One Turn works.